Just Listed

Rare Freehold CBD Hotel with Huge Upside and Exceptional Management in Place - 146HF

FREEHOLD $16,000,000 All Offers Presented

Same ownership for 18 years
Outstanding profile freehold hotel property located in the main retail and business precinct of Toowoomba (Australia’s 2nd largest inland city after Canberra). Toowoomba is a significant regional city, approximately 125km west of Brisbane, with a well-established clientele. It continues to attract buyers from Melbourne, Sydney, and other metropolitan areas, and is said to be home to more millionaires per capita than any other Australian city.

 

Exclusive food offerings
With 24 of the newest gaming machines, the upside is considerable. Guests are also attracted by four of the latest linked jackpot games - Dragon Link, Lightning Link, Choy’s Kingdom and Dollar Storm - which keeps them returning.

 

Diverse function opportunities
Caters for all occasions: birthday parties, business lunch meetings, seminars, networking, drinks on the deck, Christmas parties, private luncheons, and engagements. With a range of great function rooms and spaces, the business is well diversified.

 

Property details
The hotel is a refurbished two-level property with sidewalk awnings. Trading areas include a central bar, restaurant with food order point, gaming area with 24 EGMs, nightclub, function area, deck bar, and three DOSAs.

 

Toowoomba growth drivers
Toowoomba offers an exceptional opportunity for business with strong future growth driven by multiple key factors:

  • Wellcamp Airport – A gateway airport for Toowoomba and the Darling Downs, providing domestic flights, interstate and intrastate connections, and a global cargo hub. Strategically located in one of Australia’s richest food bowls, the Darling Downs, Wellcamp supports thousands of producers by enabling connectivity and access to national and international markets, boosting the Toowoomba economy.
  • Inland Rail – Strengthens Toowoomba’s position as a key logistics and freight hub, enabling faster and more efficient transport of goods between Brisbane and Melbourne.
  • Education – Home to top-tier schools and leading institutions including UniSQ and TAFE Queensland.
  • Healthcare – Three hospitals (two private), a stand-alone surgical centre, and an inpatient mental health facility. Collectively these provide the community with approximately 500 beds, 10 operating theatres, and four day surgeries.

 

Adjusted Net Profit: $1.7M plus (as provided by vendor)

 

Contact Dale Shearer or Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 146HF (quote when enquiring)

Price FREEHOLD $16,000,000 All Offers Presented
Location Toowoomba
Property ID 146HF
Category

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